In need of basic NEED2KNOWS about keeping a trade journal

Well, I’m a newbie here. Blew up my first account for reasons of ignorance and seeing forex as a get rich quick scheme.

I would love to know about the basic necessary things a newbie ought to know about keeping a trade journal.

How do I go about my trade journal. What exactly do I need to record? And how will it help me on my journey?

Read the complete school of pipsology

1 Like

Thanks bro… I’m in Elementary now.

1 Like

Perfect keep that discipline! That is good.

I’m using penzu.com to track thoughts, ideas, lessons learnt etc.

1 Like

One thing that helps me is to record my losses, and record what you did wrong. That way you won’t make the same mistake again.

2 Likes

I also use myfxbook to keep a detailed track of my trades

2 Likes

I agree, every trader should have a myfxbook account lol

2 Likes